Shipping News

Explore the latest developments in the shipping industry, including market trends, fleet management, and the impact of global trade on maritime logistics.


Thursday, April 24, 2014
Divers Continue Sewol Search as Probe Expands
News

Divers Continue Sewol Search as Probe Expands

By Cynthia Kim, Seonjin Cha and Sam Kim April 24 (Bloomberg) — Divers retrieved more bodies from a South Korean ferry that sank last week, as

April 24, 2014
Total Views: 58

Wednesday, April 23, 2014
South Korea Finally Gives Refuge to Fire-Scorched Tanker
Interesting

South Korea Finally Gives Refuge to Fire-Scorched Tanker

At the end of 2013, the Hong Kong-flagged chemical tanker Maritime Maisie was t-boned by the car carrier Gravity Highway which was on sea trials from Hyundai

April 23, 2014
Total Views: 115

stx offshore lng carrier sovcomflot gazprom
News

Yamal LNG to Order 16 New Gas Carriers – Report

MOSCOW, April 23 (Reuters) – The Yamal LNG project in Russia’s Arctic has chosen Russian Sovcomflot, Japan’s Mitsui OSK and Canada’s

April 23, 2014
Total Views: 81

Tuesday, April 22, 2014
ihc merwede dredger
News

TNPA Orders South Africa’s Largest Trailing Suction Hopper Dredger

South Africa’s  Transnet National Ports Authority (TNPA) has awarded IHC Merwede the contract for the design, construction and delivery of a

April 22, 2014
Total Views: 216

usns seay lmsr
Defense

General Dynamics Will Continue to Operate Military Sealift Command’s LMSRs

General Dynamics’ American Overseas Marine (AMSEA) business unit won a major contract extension today from the U.S. Navy to continue to operate and

April 22, 2014
Total Views: 128

fleetone inmarsat
News

Want to Access the gCaptain Forum at Sea? Try Inmarsat’s FleetOne

[SPONSORED] While in Tokyo at Sea Japan the other week, I met up with Peter Broadhurst, Vice President at Inmarsat Maritime who was introducing a new service

April 22, 2014
Total Views: 28

Mercator Lines Points Finger at Private Equity for Dry Bulk Overcapacity Issues
News

Mercator Lines Points Finger at Private Equity for Dry Bulk Overcapacity Issues

A day after dry bulk shipper Genco Shipping announced filing for Ch. 11 bankruptcy protection, the Baltic Dry Index (BDI) continues to fall further. At 930

April 22, 2014
Total Views: 1186

jonathan greenert wu shengli
News

Pacific Accord On Maritime Code Could Help Prevent Conflicts

By Megha Rajagopalan QINGDAO, China, April 22 (Reuters) – Countries embroiled in territorial rows in the East and South China Seas agreed on Tuesday to

April 22, 2014
Total Views: 35

First Distress Call from Sewol Came From Frightened Boy
News

First Distress Call from Sewol Came From Frightened Boy

By Narae Kim and Meeyoung Cho SEOUL, April 22 (Reuters) – The first distress call from a sinking South Korean ferry was made by a boy with a shaking

April 22, 2014
Total Views: 104

Large Wave Injures Three Aboard Cargo Ship
News

Large Wave Injures Three Aboard Cargo Ship

Three crewmembers from a 587-foot cargo ship were injured Sunday afternoon after the vessel was reportedly struck by a large wave about 500 miles south of

April 22, 2014
Total Views: 123

Monday, April 21, 2014
Genco Tiberius shipping capesize
Finance

Genco Shipping Files for Bankruptcy

By Dawn McCarty April 21 (Bloomberg) — Peter Georgiopoulos’s Genco Shipping & Trading Ltd., an operator of dry-bulk cargo ships, filed for

April 21, 2014
Total Views: 257

Maritime Professional Training’s Amy Beavers Appointed as MERPAC Vice Chair
News

Maritime Professional Training’s Amy Beavers Appointed as MERPAC Vice Chair

Rear Admiral Joseph Servidio has formally appointed Amy Beavers, Vice President of Regulatory Compliance at Florida-based maritime school Maritime

April 21, 2014
Total Views: 24

Sunday, April 20, 2014
Four Years Since Deepwater Horizon, Risk is Still Everywhere
Incidents

Four Years Since Deepwater Horizon, Risk is Still Everywhere

“Rob are you ok?” Four years ago today, a friend of mine woke me up with those words. He was referring to the drilling rig Deepwater Horizon which

April 20, 2014
Total Views: 56

Prosecutors Extend Sewol Captain’s Detention As Death Toll Mounts
Shipping News

Prosecutors Extend Sewol Captain’s Detention As Death Toll Mounts

South Korean prosecutors investigating a ferry disaster said on Sunday they would seek to extend the detention of the ship's captain and two other crew by 10

April 20, 2014
Total Views: 38

Saturday, April 19, 2014
Search for MH370: AUV May Complete Mission Next Week
News

Search for MH370: AUV May Complete Mission Next Week

An unmanned submarine on its seventh dive for the missing Flight MH370 may complete its mission in the southern Indian Ocean within a week, said the Australian

April 19, 2014
Total Views: 23

Friday, April 18, 2014
Building the Baltika – the World’s First Oblique Icebreaker
News

Building the Baltika – the World’s First Oblique Icebreaker

Built by Arctech Helsinki for the Russian Ministry of Transport, Baltika is the world’s first icebreaker built with an asymmetrical hull which allows it

April 18, 2014
Total Views: 93

altair sky containership
News

China Orders Containerships from Tsuneishi

Tsuneishi Group (ZHOUSHAN) Shipbuilding has received newbuild orders this week for four 1,020 TEU containerships from the Hong Kong-based subsidiary of

April 18, 2014
Total Views: 61

Thursday, April 17, 2014
wall street finance new york stock exchange
Finance

Shipping Firms Turn To Equity Markets As Sector Eyes Recovery

By Jonathan Saul and Freya Berry LONDON, April 17 (Reuters) – Shipping companies are turning to equity markets to fill a growing funding gap, betting

April 17, 2014
Total Views: 1163

OSG independence overseas shipholding group
News

OSG Halts Foreign Investors While Sitting on the Edge of the Jones Act

Overseas Shipholding Group (OSG) announced today that the portion of it’s common stock owned by U.S. citizens stands at 77 percent as of 15 April 2014.

April 17, 2014
Total Views: 37

lng bunkering
News

For Ultra-Large Boxships, LNG Fuel May be the Key to Cutting Costs

By Mike Wackett Bigger and bigger ships operating at slower and slower speeds across the tradelanes of the world are testament to the single-minded desire of

April 17, 2014
Total Views: 46